Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
Which section of the Companies Act, 2013 deals with the registration of charges?
Which section of the Companies Act, 2013 deals with the registration of charges?
Anonymous Quiz
27%
a) Section 73
52%
b) Section 77
17%
c) Section 139
4%
d) Section 184
๐2
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
What happens if the company fails to register a charge within the prescribed time and an extension is not granted?
What happens if the company fails to register a charge within the prescribed time and an extension is not granted?
Anonymous Quiz
45%
a) The charge becomes void
32%
b) The charge can still be valid against creditors
17%
c) The charge will not affect the company's assets
6%
d) The charge becomes valid without penalties
๐2
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
Under Section 77 of the Companies Act, 2013, a company is required to register a charge with the Registrar within how many days?
Under Section 77 of the Companies Act, 2013, a company is required to register a charge with the Registrar within how many days?
Anonymous Quiz
14%
A. 15 days
65%
B. 30 days
14%
C. 45 days
7%
D. 60 days
๐1
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
Who is responsible for the registration of a charge with the Registrar of Companies?
Who is responsible for the registration of a charge with the Registrar of Companies?
Anonymous Quiz
9%
A. The lender
35%
B. The borrower company
44%
C. The Registrar of Companies
13%
D. The shareholders
๐3
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
Under the Companies Act, 2013, a charge created by a company in favor of its debenture holders is:
Under the Companies Act, 2013, a charge created by a company in favor of its debenture holders is:
Anonymous Quiz
26%
A. A fixed charge
21%
B. A floating charge
11%
C. An equitable mortgage
42%
D. Either a fixed or floating charge, depending on the terms
๐2
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
In the case of a charge on immovable property, which document serves as evidence for the charge created?
In the case of a charge on immovable property, which document serves as evidence for the charge created?
Anonymous Quiz
9%
a) Board Resolution
29%
b) Certificate of Incorporation
48%
c) Deed of Mortgage
13%
d) Articles of Association
๐1
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
A floating charge crystallizes into a fixed charge when:
A floating charge crystallizes into a fixed charge when:
Anonymous Quiz
49%
a) A specific event occurs, like the company going into liquidation
26%
b) The company creates another charge on the same asset
11%
c) The shareholders approve it
14%
d) A fixed charge is created over the same assets
๐3
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
The priority of charges in case of liquidation is determined by:
The priority of charges in case of liquidation is determined by:
Anonymous Quiz
19%
a) The date of charge creation
26%
b) The date of charge registration
13%
c) The amount of charge
42%
d) The type of charge (fixed or floating)
๐2
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